Industry News

News • May 1, 2024

GF Machining Solutions names new managing director

GF Machining Solutions has promoted Onik Bhattacharyya to the position of managing director and head of market region for North and Central Americas.

News • April 30, 2024

Walter FMT’s new competence brand focuses on lightweight machining

Walter is bringing together its global presence and the high level technical expertise and know-how of lightweight machining specialist FMT (Frezite Metal Tooling), under the new brand.

News • April 29, 2024

High speed steel cutting tool market to hit $16.8 billion

The global market for high speed steel (HSS) metal-cutting tools estimated at $11.3 billion in the year 2022, is projected to reach a revised size of $16.8 billion by 2030, growing at a CAGR of 5.1% over the analysis period 2022-2030.

News • April 26, 2024

MSC Industrial Supply acquires Kar Industrial

Purchase of Ontario-based Canadian company supports the growth of MSC's Metalworking presence in Canada.

News • April 25, 2024

Cellulose-based components mass produced with AP&T press line

Swedish startup PaperShell has developed a cellulose fiber composite that they refer to as "wood metal" and it can be formed into flat or complex-shaped components.

News • April 24, 2024

HGG Profiling Equipment BV names area sales manager

HGG Profiling Equipment BV has named Mark Eastin as the area sales manager in the Western US, Western Canada, Alaska, and Hawaii regions.

News • April 23, 2024

Larry Robbins named president and CEO of SMW Autoblok USA

SMW Autoblok Group, a leader in the design and manufacture of rotational chucks, stationary workholding, tooling, automation, and custom engineered solutions for the machine tool industry, has appointed Larry Robbins as the company's new President and CEO of their U.S, corporation

News • April 22, 2024

Tyrolit expands its main production site

The Tyrolit Group said it is expanding its production site in Stans, Austria, and investing 15 million euros in a new, highly innovative production line.

News • April 19, 2024

Sandvik Coromant’s workforce event for empowering young women

Cutting tool supplier Sandvik Coromant hosted a Girls Take Over Tech open house to "inspire and educate young women and girls about exciting career opportunities in manufacturing."

News • April 18, 2024

Learning 2 Earning at General Carbide

General Carbide Corporation, in partnership with Westmoreland County Forum for Workforce Development; held an exclusive student tour at its state-of-the-art manufacturing facility.

News • April 17, 2024

New president named for Motion

Genuine Parts Company, a distributor of automotive and industrial replacement parts, has appointed James F. Howe to the position of President, Motion, the company's industrial business, effective April 1, 2024.

News • April 16, 2024

Shelton Machinery launches parent company, TSM Group

Shelton Machinery has acquired Municipal Tool & Machinery, and launched a new parent company called TSM Group. TSM is the new parent of Shelton Machinery, Concept Machinery and Municipal Machinery.